The State Investment Promotion Board (SIPB) of Andhra Pradesh approved a ₹85,083 crore investment, set to create 33,966 jobs. Key projects include ArcelorMittal-Nippon Steel’s ₹61,780 crore plant (21,000 jobs), LG Electronics’ ₹5,001 crore investment (1,495 jobs), and others like Kalyani Strategies, Phillips Carbon Black, and Azad India Mobility, boosting industrial growth.